Wendy's (WEN) Return on Invested Capital [ROIC] (2010 - 2026)
Wendy's (WEN) recorded Return on Invested Capital [ROIC] of 7.36% in Q2 2026, down 2.03 percentage points from 9.39% a year earlier and down 0.78 percentage points from the prior quarter.
Wendy's (WEN) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Wendy's reported Return on Invested Capital [ROIC] of 8.49%, down 0.24 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a four-year change of +1.06 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 8.73% in FY2024 (-0.02 pp), 8.75% in FY2023 (+0.36 pp), 8.39% in FY2022 and 7.43% in FY2021.
- The Q2 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q1 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of -0.16 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 2.05 percentage points in Q4 2023, against a drop of 2.03 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.14% (Q1 2026), 8.74% (Q4 2025) and 9.31% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 164.13 Bn | 158.95 Bn | 6.42 Bn | 25.90% |
| 2 | Starbucks | 107.97 Bn | 95.60 Bn | - | 31.38% |
| 3 | Chipotle Mexican Grill | 41.04 Bn | 37.02 Bn | - | - |
| 4 | Yum Brands | 37.16 Bn | 34.04 Bn | 1.47 Bn | 54.94% |
| 5 | Restaurant Brands International | 24.42 Bn | 21.52 Bn | 1.38 Bn | 12.13% |
| 6 | Darden Restaurants | 22.67 Bn | 21.77 Bn | 1.68 Bn | 41.06% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 12.13% |
| 8 | Yum China Holdings | 13.79 Bn | 8.16 Bn | 537.00 Mn | 16.46% |
| 9 | Texas Roadhouse | 10.24 Bn | 9.60 Bn | - | 26.02% |
| 10 | Wendy's | 1.17 Bn | -65.48 Mn | 363.30 Mn | 7.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 7.36% |
| Mar 29, 2026 | 8.14% |
| Dec 28, 2025 | 8.74% |
| Sep 28, 2025 | 9.31% |
| Jun 29, 2025 | 9.39% |
| Mar 30, 2025 | 9.04% |
| Dec 29, 2024 | 8.82% |
| Sep 29, 2024 | 8.64% |
| Jun 30, 2024 | 8.82% |
| Mar 31, 2024 | 9.08% |
| Dec 31, 2023 | 9.00% |
| Oct 1, 2023 | 7.93% |
| Jul 2, 2023 | 7.68% |
| Apr 2, 2023 | 7.18% |
| Jan 1, 2023 | 6.95% |
| Oct 2, 2022 | 7.86% |
| Jul 3, 2022 | 8.76% |
| Apr 3, 2022 | 9.18% |
| Oct 3, 2021 | 9.83% |
| Jul 4, 2021 | 10.17% |
Wendy's Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=WEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "WEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=WEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();